List of countries by military expenditures

Top five countries by military expenditure in 2014.
According to the Stockholm International Peace Research Institute.[1]

This article is a list of countries by military expenditure, the amount spent by a nation on its military in a given year. Military expenditure figures are presented in US$ based on either constant or current exchange rates.[1] These results can vary greatly from one year to another based on fluctuations in the exchange rates of each country's currency. Such fluctuations may change a country's ranking from one year to the next.